Scrappage scheme in the UK under consideration?
A report in the Times on 12th March 2009 indicates there is
a growing frustration among industry chiefs and unions over
what they see as the lack of urgency by the Government in
tackling the problems of the UK car industry, which has suffered
the loss of thousands of jobs and is enforcing widespread
shutdowns to reduce output as sales plunge. Industry figures
had hoped to hear news of other initiatives, such as access
to consumer credit, which they view as vital.
They also
want a scrappage incentive, which would allow drivers with
old cars to scrap them and receive a cash bonus to spend
on a new car. This measure has boosted demand in Germany
significantly. Lord Mandelson said that while the Government
was "looking at" the possibilities of a car-scrapping
scheme, no decision had been made yet.
In a television interview the previous evening, a trade
minister responded to a query whether a scrappage scheme
would be introduced in the UK with typical clarity of a
politician - we "haven't ruled it in, we haven't
ruled it out". (12.3.09)
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Look
back at our previous news items
Cash for old cars scheme report
In a lead article in the January 2009 issue of Classic
Car Mart, Editor Keith Moody says in his leader "This
month, Classic Car Mart launches a campaign to save
our modern classics. It follows news that the Government
is looking at ways to offer drivers incentives to
scrap older cars." (1.12.08)
More
Comments on the cash for cars news items
Comments from the FBHVC in its news release dated
21st November 2008 together with an FBHVC Position
Paper dated 3rd December 2008. More
Prince
of Darkness eyes scrappage scheme
The report in today's Times of the announcement made
yesterday by the lordly Mandelson, the Secretary for
Business, says "all the aid announced for the
car industry yesterday is supposedly linked to "lower
carbon initiatives", but the car industry expects
the green requirement to be interpreted very loosely".
(27.1.09) More |
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